All Card Factory articles
Card Factory was founded in Wakefield by Dean and Janet Hoyle. The couple, who started by buying cards wholesale and selling them from the back of their van at car boot sales, opened their first bricks-and-mortar location in 1997. In November 2008, Card Factory acquired 80 stores from rival greetings card retailer Celebrations, and by the time the Hoyles sold the business to Charterhouse for £350m in April 2010, Card Factory had 480 shops. In 2015, Card Factory unveiled its own website. Card Factory operates more than 1,000 stores, boasting a presence in most major high streets and shopping centres across the UK.
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NewsCard Factory CEO has said the US market is the key to achieving its strategy
Card Factory’s chief executive has said the US market is key to achieving its strategy as it announces its first step in the region.
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Retail Navigator AnalysisCard Factory (Financials)
Card Factory group sales rose 10.3% year on year to £510.9m in the year to 31 January 2024 (FY2023) with the retailer hailing its “continued positive momentum across the business” and “effective execution” of its strategy. Total sales growth reflected an 8.7% increase in store sales to £478.9m, while total online sales fell 15% to £14.7m.
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NewsCard Factory's profits have fallen despite growth in sales
Card Factory posted a fall in profit for the six months to July 2024 despite growth in overall revenue.
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NewsCard Factory is rolling out on demand delivery with Just Eat
Specialist retailer Card Factory has partnered with Just East in a move that will give customers access to cards, gifts and celebration essentials on demand.
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Retail Navigator AnalysisCard Factory (Strategy)
From mid-2024, Card Factory is partnering with Just Eat on a speedy delivery trial. Over 200 Card Factory products will be available on demand via through orders fulfilled from an intial 19 stores. The tie-up is well aligned to the retailer’s strategy to make its products available anywhere.
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NewsCard Factory chair faces concerns from shareholders
Card Factory is set to engage with shareholders to “fully understand concerns” over the retailer’s chair after almost a quarter of them voted against his re-election at its annual general meeting (AGM).
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NewsGreetings card retailers demand reforms after Royal Mail takeover
The Greetings Card Association (GCA), which represents more than 500 businesses, has called for longer-term reforms to Royal Mail when the postal service goes private under new owners.
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NewsGreetings card retailers respond to Royal Mail takeover bid
The Greetings Card Association, which represents more than 500 card businesses, has called for the interest of its members to be safeguarded as Royal Mail considers an offer for a takeover from EP Group
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NewsCard Factory CEO on why its ‘relentless focus on value for money’ has paid off
As Card Factory posts robust sales in the full year ending January 2024, Retail Week speaks to chief executive Darcy Willson-Rymer on its strategy for success and future plans.
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NewsCard Factory sales and profits climb as stores perform strongly
Greetings cards specialist Cards Factory has posted strong annual revenue and earnings growth as stores traded well.
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NewsCard Factory delivers strong sales in festive season
Specialist retailer Card Factory has reported a strong performance in the run-up to Christmas as it expects to deliver adjusted profit before tax at the top of the range of market expectations.
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NewsCard Factory to roll out shop-in-shops across Matalan stores
Specialist retailer Card Factory has entered into a “long-term partnership” with fashion retailer Matalan as it rolls out a shop-in-shop concept in all of its 223 stores across the UK and Ireland.
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NewsCard Factory profits soar driven by strong store performance
Card Factory reported an increase in profits and sales driven by “value and quality proposition and the strength of our store estate”.
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NewsCard Factory upgrades profit expectations
Card Factory has raised earnings expectations after a strong first half.
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NewsCard Factory opens first store in Middle East
Card Factory has opened its first store in the Middle East as part of a long-term franchise agreement with Liwa Trading Enterprises.
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NewsCard Factory launches first UK-wide click-and-collect service
Card Factory has rolled out its first-ever country-wide click-and-collect service, available via its website and app to more than 1,000 stores.
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DataRanking: The fastest-growing value retailers revealed
In the cost-of-living crisis, affordable retailers have never been more relevant to price-conscious consumers, but which have been making the most of the mood of the nation? And which are set to turn market share into future growth? To find out, the Retail Week analyst team has tracked group sales across 15 of the biggest value retailers and analysed their compound annual growth rate (CAGR) to predict how much bigger they’ll be in five years’ time
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NewsCard Factory targets Middle East and Africa as it looks to go global
Card Factory is looking to expand in seven international markets and has announced its partnership with Middle East-based Liwa Trading Enterprises, which will act as its exclusive franchise partner in the region.
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NewsCard Factory profits leap as shoppers return to stores
Card Factory has reported a surge in full-year profits as customers returned to stores and it had a strong Christmas.
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NewsCard Factory acquires SA Greetings as it plans expansion into South Africa
Card Factory has acquired the South African greetings cards and gift packaging wholesaler SA Greetings as it looks to expand into overseas markets.